Business Growth (Edexcel A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
When do diseconomies of scale occur in a business?
When do diseconomies of scale occur in a business?
When avg costs rise as output increases
What communication problem emerges as firms expand?
What communication problem emerges as firms expand?
Messages pass through longer chains
Why might workers in large firms experience motivation problems?
Why might workers in large firms experience motivation problems?
They feel insignificant in large workforce
What do external diseconomies of scale affect?
What do external diseconomies of scale affect?
All businesses in a particular area
By how much does each communication layer increase distortion risk?
By how much does each communication layer increase distortion risk?
20-30%
How many emails does the average office worker receive daily?
How many emails does the average office worker receive daily?
Over 120
What % of project budgets may large firms waste on duplication?
What % of project budgets may large firms waste on duplication?
15-25%
What triggers silo mentality between departments?
What triggers silo mentality between departments?
Poor communication between departments
What is overtrading?
What is overtrading?
Funding large orders without enough resources
What % of business failures are due to cash flow problems?
What % of business failures are due to cash flow problems?
80%